Voices How to convert to a Roth IRA in 2017 and defer tax till 2018 if tax reform passes

  • 5 October 2017
  • Author: machele
  • Number of views: 2893
  • 0 Comments
Taxpayers who have decided to convert a traditional IRA into a Roth IRA may be wondering if they should take the plunge now and pay tax on the conversion this year, or wait till next year when tax rates may be lower under the reform plan Congress will reportedly consider this fall. 

House passes disaster tax relief bill for hurricane victims

  • 29 September 2017
  • Author: machele
  • Number of views: 2941
  • 0 Comments
The House passed legislation Thursday that provides some tax relief to victims of the recent spate of hurricanes.

The bill, introduced by House Ways and Means Committee Chairman Kevin Brady, R-Texas, would help victims of Hurricanes Harvey, Irma and Maria by creating a deduction for personal casualty losses for uncompensated losses in disaster areas.

Hurricane Irma victims get IRS reprieve

  • 22 September 2017
  • Author: machele
  • Number of views: 3023
  • 0 Comments
As Hurricane Irma weakened into a tropical depression, the IRS said it is providing tax relief to people affected by the massive storm in parts of Florida, Puerto Rico, and the Virgin Islands (IR-2017-150). The relief applies to any area designated by the Federal Emergency Management Agency as qualifying.

Join us in Celebrating

April Hornsby, 20 years at HMM

  • 4 August 2017
  • Author: machele
  • Number of views: 3193
  • 0 Comments
Join us in Celebrating

Howard, Moore & McDuffie is pleased to celebrate one of our partners, April Hornsby, for 20 years of outstanding service.

IRS warns W-2 phishing scam is spreading wider

  • 3 February 2017
  • Author: machele
  • Number of views: 3369
  • 0 Comments
The Internal Revenue Service is cautioning a variety of organizations that the W-2 phishing email scam is now spreading to more organizations beyond corporate America, with schools, restaurants, hospitals and tribal groups now being targeted by cybercriminals.
RSS
First13141516171819202122